Displaying items by tag: Regulatory

The Australian financial services (FSI) industry has been at the forefront of innovation, driven by rapid advancements in artificial intelligence (AI). While several industries have also been on this journey, FSIs have shown the strongest appetite for AI-led solutions. This is further fuelled by the industry’s highly proactive regulatory environment and dynamic financial market.

GUEST OPINION:  The debate is over. We know “hybrid cloud” is the right strategic choice for businesses over a “single cloud alternative” for several reasons: costs, performance, data security, regulatory compliance, and incompatibility of certain applications to run consistently within all environments.

GUEST OPINION:  Of all the tasks that large language models (LLMs) and Generative AI can undertake, one that’s captured significant attention is generating computer code. Developers are increasingly using GenAI tools to streamline workflows and improve productivity.

The primary concern of most businesses in the IT industry is conforming to regulations to avoid fines, costs, and penalties. Large companies may face huge penalties if they don't comply with regulations. Aside from that, you would also want to comply with the regulations without exceeding your budget. Based on these concerns, more and more companies are looking for alternative ways to comply with regulations and keep their budget intact.

The continued expansion of Amazon, Apple, Google, Meta and Microsoft into emerging technologies and other markets demonstrates the critical need for regulatory reform, according to Australia’s competition watchdog, the ACCC.

When Australian comprehensive social archiving platform Brolly began hitting scalability challenges it turned to the open-source cloud data platform company Aiven, allowing Brolly to meet the challenges and size of all its customer needs without downtime.

In the light of the latest round of GDPR fines, it would seem that Meta (Facebook’s parent company) is not quite the darling child that they thought they were.

The Australian Communication and Media Authority has released an information paper to telecommunications services providers on spectrum licensing and regulatory arrangements for the 1800 MHz band in regional and remote Australia.